226 Sidonia Ave, Coral Gables FL 33134

Overview of 226 Sidonia Ave, Coral Gables FL 33134

Year Built 1933

Parking

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Price/Sqft $602

Pool Yes

Beds

Bath

Living Area 3321 Sq. Ft.

Outdoor

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Mint condition 4-plex in the heart of the downtown Coral Gables urban core. All 4 units feature 1 bedroom + a den which is used as a 2nd bedroom. All the units feature completely remodeled kitchens & bathrooms w/rare washer & dryers inside unit. The electrical system has been updated throughout the entire building & the plumbing in the crawl space is all PVC. The building has its 40 Year Re-certification, was recently painted and the roof is newer. All of the units are leased. One tenant is moving out by Sept. 30th & the owner will lease that unit for $2500. The other units are leased at $2,200, $2,300 & $2,300. Based on the seller's operating expenses, the NOI is $76,190 yearly. Huge potential to increase rents when leases expire. Take advantage of the huge rental market in Coral Gables.

Property Features For MLS #A11264685